Vanuatu Daily News Digest | 21 August 2015Posted: August 21, 2015
Daily Post’s lead story today has a government U-turn on the Bank of South Pacific’s (BSP’s) application to purchase and take over Westpac’s operations in Vanuatu. This comes about despite the Reserve Bank rejection of the application until as recently as last month. Is the government over-ruling the board of the regulating bank? It’s to be hoped with the publication of the information concerning the U-turn some answers will be given by the Reserve Bank.
Both Post and Radio Vanuatu News are reporting nine schools being transferred to the Presbyterian Church of Vanuatu (PCV) and the announcement being made concurrent with the PCV General Assembly at Erakor. PCV is probably the oldest educator on a large scale in the country and is said to have petitioned the government in the matter, although the reasons are not abundantly clear. It is said the move will ensure the churches have a portion of the 2016 budget.
Thirty students have won MP Ralph Regenvanu scholarships for semester 2 at USP this year. An award ceremony was held recently.
Seven hundred are attending the PCV General Assembly at Erakor village. The Assembly has often sent strong messages to government. None have been publicised so far this time.
Ecole Française won the school’s debating competition sponsored by the Pacific Institute of Public Police.